After years of low rates, high-yield savings accounts are having a moment as the Bank of England (BoE) kept interest rates at 4.75% in December. While homeowners face high mortgage rates, there is a ...
Global stocks steadied on Friday after a volatile week due to the emergence of a low-cost Chinese artificial intelligence ...
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
Against this backdrop, the ECB’s communication in the policy statement and President Lagarde’s comments will hold the key to ...
The Pound Sterling trades sideways against the US Dollar above 1.2400 as investors focus on the US PCE inflation data for ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
Economists polled by Reuters unanimously expect the BoE to cut its benchmark rate to 4.5%, from 4.75%, on Feb. 6, when it will also update its economic growth and inflation forecasts. Investors see a ...
An anaemic UK economy has most traders betting that Bank of England rate-setters will have little choice but to cut the base rate from 4.75% next ...
Markets are underpricing the potential risks of Trump’s tariffs and Europe could well be next in his sights, he added. U.S.
The 2008 financial crisis and its aftermath vaulted central bankers from obscure technocrats to leading actors in the global economy.